HP Innovation Journal Special Edition: Sustainable Impact | Page 12

SUPPLY CHAIN 2020
THREE INSIGHTS SHAPING THE FUTURE OF ETHICAL,
SUSTAINABLE, AND RESILIENT SUPPLY CHAINS
BY ANNUKKA DICKENS
Director of Human Rights and Supply Chain Responsibility, HP
Every 60 seconds HP delivers more than 100 PCs,
60 printers, and 900 consumables to customers
all over the world. To do so, we rely on one of
the IT industry’s largest supply chains—made
up of hundreds of production and thousands of
nonproduction suppliers—to deliver the quality,
speed, and innovation that we and our customers
expect. But alongside key factors such as speed,
quality and price, sustainable impact is a critical
consideration in our relationships with suppliers. In this article, we’ll explore three insights shaping the future
of ethical, sustainable, and resilient supply chains, and how
HP is leading on critical issues:
HP has a long-standing commitment to corporate
citizenship, established by Bill Hewlett and Dave Packard
at HP’s founding. As a company, we have always believed
that our business exists to make life better for people all
over the world. However, there is more pressure than ever—
stemming from customers, regulators, and our commitment
to values—to ensure that we continue to drive sustainable
impact alongside business growth. Increasingly, if a company
is not focused on driving positive impact on the planet, its
people, and local communities, it risks losing business or
customer loyalty, wasting money by wasting materials and
energy, and wasting human capital. And nowhere can we see
this more clearly than in our supply chain. Across nearly all industries, companies are raising the bar
on their supply chains—demanding greater transparency,
shared goal setting, and sustainable innovation.
• Customers and partners are raising the bar
• Global regulations demand greater transparency and
due diligence
• Sustainable impact opens new innovation opportunities
CUSTOMERS AND PARTNERS ARE RAISING THE BAR
This is translating into shared business opportunities when
we yield positive results together. Last year alone, more
than $2.5 billion of HP’s new, potential, or existing revenue
was screened on the basis of our supply chain responsibility
program, and we handled more than 130 tender questions
and responded to requests related to nearly 20 ratings and
rankings on this same topic.
We can deliver on these requests because we are building on
a long legacy of supply chain responsibility leadership.
GOAL GOAL
Develop skills and improve well-being of
500,000 factory workers by 2025, since
the beginning of 2015 Help suppliers cut 2 million tonnes
of carbon dioxide equivalent (CO2e)
emissions between 2010 and 20251
PROGRESS PROGRESS
Through 2017, 243,500 workers trained Through 2017 suppliers avoided 1.05
million tonnes of CO2e emissions
Innovation Journal Sustainable Impact